Global Health Overview

Public health systems are under intense pressure from rising longevity, increasing lifestyle diseases, expensive medical advances and the healthcare demands of a growing global middle class. RGA is uniquely positioned to navigate this dynamic environment.

At RGA, we deliver customized, cost-efficient health reinsurance solutions – backed by superior financial strength, industry expertise, and support services from the only global life and health reinsurance company.

RGA’s local health experts in these markets are supported by our Global Health Team who are themselves located around the globe to facilitate ease of access. The team of medical doctors, actuaries, underwriters and claims management professionals around the world partner with clients to implement and support traditional and cutting edge new health products offering proportional and non-proportional risk sharing arrangements.

With specialist health reinsurance teams in key markets around the world, RGA combines global resources with in-depth knowledge of local markets and regulatory environments.

We understand that delivery, funding, and other healthcare factors vary from market to market. RGA focuses on identifying specific client needs and evaluating risk conditions in six key regions: North America, China, Southeast Asia, Europe (Italy), Latin America, and the Middle East.

Perhaps most important, RGA actively pursues opportunities to help our clients differentiate themselves in a crowded marketplace. We take the extra step, not only helping clients introduce innovative products but enhancing the overall customer experience. We find strategies to manage financial exposures that others may overlook, and we deliver solutions that add value.

Middle East and North Africa RegionHome to some of the fastest growing private health insurance markets, the local health insurance industry has many opportunities as governments focus on diversification. While regulator-driven compulsory health insurance for expatriates continues to be the largest driver of growth, the trend toward increasing lifestyle-related illness, demographic factors and expanding healthcare privatization contribute to favorable growth and demand for Individual and Group Private Health Insurance. RGA, through its Dubai office, offers locally compliant medical reinsurance, bespoke product development, and technical solutions for the region.

ItalyEmphasis on innovation distinguishes RGA in Italy. The only specialized health reinsurer in the Italian market, RGA provides specific health reinsurance covers for both individual and group business. Product development has become a key differentiator: Our extensive range of products includes tailor-made solutions that account for the protection gap in the market as well as the specific requirements of our clients.

Southeast AsiaA rising middle class is fueling demand for private health cover and public-private healthcare partnerships in Southeast Asia. RGA’s dedicated team supports our clients across the value chain. We are solely focused on local challenges and solutions and strive to deliver first-to-market product and underwriting innovations. RGA works in partnership with clients to holistically manage and monitor the end-to-end health reimbursement process and experience.

ChinaEvolving consumer expectations and government policies in China continue to encourage growth in private health or “reimbursement” insurance. As middle-class and high-net-worth Chinese seek alternatives to the public insurance system or critical-illness policies, reimbursement solutions offer greater flexibility. RGA offers a strong background in reimbursement products, proven product development expertise, and local market insight.

Latin AmericaLatin America is also home to a thriving market for private health insurance. RGA’s excess and quota share programs for the full range of existing products are ideally positioned to serve the needs of the insured and underinsured through innovative products and solutions, reducing the huge healthcare protection gap.

As health records are digitized, expertise in analytics, strong data infrastructure, and innovative product development are essential.

RGA maintains an extensive internal database of biometric experience data, and the technical expertise to effectively analyze and apply that data to deliver solutions.

RGA partners with local health insurers to develop and implement new products through joint risk-sharing and aligned incentives.

RGA designs products with the flexibility to ensure successful implementation. This can include underwriting and benefit modifications, application of sub-limits, and waiting period and definition adjustments.

Health

The security of experience.
The power of innovation.

Reinsurance Group of America, Incorporated is a leader in the global life reinsurance industry. With headquarters in St. Louis, Missouri and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, financial solutions, facultative underwriting and product development.